Amplix Acquires GlobalNet for Enhanced Technology Advisory Services
Deal News | Feb 25, 2025 | Gemspring Capital
Amplix, a portfolio company of private equity firm Gemspring Capital, has announced the acquisition of GlobalNet Communications, a major technology advisory services provider headquartered in Fort Myers, Florida. This acquisition marks Amplix's tenth acquisition since it was established as a platform in 2022, although the specific terms of the deal were not disclosed. GlobalNet, founded in 1991, has made a name for itself as a trusted advisor in the fields of data, voice, and cloud technology. The company’s co-leaders, Mahlan and Brittani Houghton, have run operations with a focus on delivering top-grade customer support throughout Florida. Amplix CEO Dan Gill said the acquisition of GlobalNet will bolster Amplix's team and enhance their Florida footprint, marking significant growth supported by both organic activity and prior acquisitions. Brittani Houghton of GlobalNet emphasized the synergies between the two companies, highlighting Amplix's dedication to customer relationships, aligning with GlobalNet's established reputation for quality service. Amplix, headquartered in Norwood, Massachusetts, provides a broad suite of technology advisory services and employs over 200 people across more than 20 states and Canada. Gemspring Capital, based in Westport, Connecticut, manages $3.8 billion in capital and specializes in providing growth capital to middle market companies.
Sectors
- Technology Advisory Services
- Private Equity
Geography
- United States – Both Amplix and GlobalNet are headquartered in the United States, with Amplix based in Massachusetts and GlobalNet in Florida, and the operations span across various states.
Industry
- Technology Advisory Services – Amplix specializes in providing technology advisory services, including strategy, consulting, implementation, and managed services, aligning perfectly with the expertise offered by GlobalNet.
- Private Equity – Gemspring Capital is a private equity firm providing capital to Amplix, fostering growth through acquisitions and expansion in the technology sector.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Amplix | Acquiring Company | Company | A portfolio company of Gemspring Capital, Amplix specializes in technology advisory services with a national presence. |
GlobalNet Communications | Target Company | Company | Florida-based trusted advisor in data, voice, and cloud technology solutions, well-known for exceptional customer service. |
Gemspring Capital | Private Equity Firm | Company | A Westport, Connecticut-based private equity firm managing $3.8 billion, specializing in flexible capital solutions for middle market companies. |
Dan Gill | CEO of Amplix | Person | CEO of Amplix, leading the company's strategic acquisitions and expansion efforts. |
Brittani Houghton | Managing Partner of GlobalNet | Person | Co-leader of GlobalNet Communications, emphasizing the company's longstanding dedication to superior customer service. |
Mahlan Houghton | Leader at GlobalNet | Person | Co-leader instrumental in delivering top-tier technology advisory services at GlobalNet. |